Bearish resistance @ 629 but overall bull scenario.
Not enough volume but RSI14 has enough place for a push.
It can slowly reach ATH and bounce back to establish in the 0.236 FIB range
After bouncing twice @ 11400 support, BTCEUR prepares for a retracement back to that position.
Bearish divergence found @ RSI14.
MACD and Stochastics pointing to an overbought scenario in which shorting position would make profits.
Heavy bearish indicators in the 4h timeframe for ETH all time life.
Three drives pattern indicates a possible retracement and break all 3 supports @ 258, 330 and 294.
Overall uptrend could end up breaking if December´s news for BTC encourage BTC investment and ETH dumps.
There´s another optimistic scenario below which would not follow the three drives and will...
ETHEUR to retest FIB 0.23 resistance @ 415.20.
Possible break through and complete retracement to 439.
RSI14 and MACD backing up volume but could take more time than expected to reach target 440 in we want a not volatile confirmation.
